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0.00% 5.3¢ central petroleum limited

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  1. karll
    3,084 Posts.
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    18/01/11
    11:35
    Post #: 7751789
    Steinbock,

    This is a feasibility study - no point spending all the money to drill if no matter what you find it's never feasible to get it out of the ground.

    The feasibility study is first - "if we find something, is it feasible to produce from it" - then with a positive feasibility study the company can justify the pursuit of the objective.

    - Karl
    CTP Price at posting: 25.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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